Industry Benefits Summary

Pipeline Transportation Industry- Employee Benefits Summary

The pipeline transportation industry deals primarily with the transportation of products, such as crude oil, natural gas, refined petroleum products, or slurry, through transmission pipelines. The expansive nature of this industry requires a whole host of qualified staff, from gas plant operators and valve installers to industrial machinery mechanics.

The United States continues to rely mostly on fossil fuels for power, so it’s no surprise that the pipeline transportation industry employment has risen steadily throughout the past few years. Companies looking to bring in the best engineers, mechanics, or plant operators must sweeten the pot with an extensive benefits package to ensure top candidates choose their team instead of the competition. Generally speaking, comprehensive benefits packages include access to medical, dental, and vision insurance, disability coverage, paid time off, a life insurance plan, and a retirement savings account.

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The Pipeline Transportation Industry Employment Summary

There are 4,000 pipeline transportation organizations nationwide, employing 52,000 professionals. On average, each business is quite small, with only 14 staff members. The median employee age is 44 years old.

The Pipeline Transportation Industry Insurance Benefits Comparison

84%

What percentage of pipeline transportation employers offer medical insurance?

  • 84% offer access to medical insurance. This is well above the national average of 69%.
  • These businesses provide an average monthly employer premium of $1,219 for family coverage. This is in-line with the national average of $1,121.
  • Additionally, they provide an average monthly employer premium of $487 for individual coverage. This is just above the national average of $458.

50%

What percentage of pipeline transportation employers offer short and/or long-term disability insurance?

50% of these employers offer short-term disability coverage, and 29% offer long-term disability insurance. The national average is 42% and 34%, respectively.

73%

What percentage of pipeline transportation employers offer life insurance?

73% offer access to a life insurance plan. Comparatively, the national average is 56%.

10%

Do pipeline transportation employers provide access to paid family leave?

  • 10% provide access to paid family leave. The national average is 20%.
  • 94% provide access to unpaid family leave. The national average is 88%.
  • 24% offer consolidated leave plans. The national average is 44%.

Summary

Altogether, the pipeline transportation industry provides their employees well thought out comprehensive benefits packages, as per the national standard.

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